Funko (FNKO) Scheduled to Post Quarterly Earnings on Thursday

Funko (NASDAQ:FNKO) is scheduled to be posting its earnings data after the market closes on Thursday, November 7th. Analysts expect Funko to post earnings of $0.04 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Funko (NASDAQ:FNKO) last issued its earnings results on Thursday, August 8th. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.25. Funko had a negative return on equity of 4.69% and a negative net margin of 4.06%. The company had revenue of $247.70 million for the quarter, compared to the consensus estimate of $231.04 million. During the same quarter in the prior year, the company earned ($0.53) EPS. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. On average, analysts expect Funko to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Funko Stock Performance

Shares of FNKO opened at $11.49 on Wednesday. The company has a market capitalization of $619.77 million, a PE ratio of -13.21 and a beta of 1.21. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.59 and a current ratio of 0.92. The company’s 50 day moving average price is $11.52 and its 200 day moving average price is $9.83. Funko has a 52 week low of $5.36 and a 52 week high of $12.61.

Insider Activity at Funko

In other Funko news, insider Andrew David Oddie sold 10,800 shares of the business’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $12.03, for a total transaction of $129,924.00. Following the completion of the transaction, the insider now owns 40,372 shares of the company’s stock, valued at $485,675.16. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Funko news, Director Michael C. Lunsford sold 7,361 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $12.02, for a total value of $88,479.22. Following the sale, the director now owns 108,613 shares of the company’s stock, valued at $1,305,528.26. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Andrew David Oddie sold 10,800 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $12.03, for a total value of $129,924.00. Following the transaction, the insider now owns 40,372 shares of the company’s stock, valued at approximately $485,675.16. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,805 shares of company stock worth $415,169. 4.81% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FNKO. B. Riley upped their price target on shares of Funko from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, September 12th. DA Davidson reaffirmed a “buy” rating and set a $12.00 price target on shares of Funko in a research note on Friday, August 9th. Finally, Stifel Nicolaus boosted their price target on Funko from $9.00 to $10.50 and gave the company a “hold” rating in a research note on Tuesday, October 22nd.

About Funko

Funko, Inc, a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides media and entertainment content, including movies, television (TV) shows, video games, music, and sports; figures, handbags, backpacks, wallets, apparel, accessories, plush products, homewares, and digital non-fungible tokens; and art prints and vinyl records, posters, soundtracks, toys, books, games, and other collectibles.